Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG) Emerges As Guiding Light For Investors

Cia Energetica DE Minas Gerais – Cemig ADR (NYSE:CIG) currently has a daily average trading volume of 2.42M but it saw 1414374 shares traded in last market. With a market cap of 3.41B USD, the company’s current market price of $1.79 came rising about 1.70 while comparing to the previous closing price of $1.76. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.11 and as low as $1.54. In the recent trading on the day, stock has struck highest price mark of $1.77 while lowest mark touched by it was $1.8.

Taking a look at 20-day trading activity of Cia Energetica DE Minas Gerais – Cemig ADR (CIG) gives us an average price of $1.7665, while its current price level is -15.26% below from 52-week high level whereas it is 16.07% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.8740 while that of 200 days or SMA-200 reads an average of $1.9368. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.52% during that period while stretching the period over a month that decreases to 2.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.50 which implies that the stock is in neutral territory.

Over the week, CIG’s stock price is moving 1.13% up while it is -0.98% when we observe its performance for the past one month. Year-to-date it is 1.13% up and over the past year, the stock is showing an upside performance of 13.48%.

Currently, Cia Energetica DE Minas Gerais – Cemig ADR’s total number of outstanding shares is 1.90B. Company’s return on investment (ROI) stands at 22.05% and return on equity (ROE) at 31.64%. It has a price to earnings ratio (P/E ratio) of 3.35 while having a 7.42 of forward P/E ratio. Stock’s beta reads 1.28. Stock has a price to book (P/B) ratio of 0.99 while price to sale or P/S ratio amounts to 0.46. Its return on asset (ROA) is 13.41% on average.